Ecosystem

• Almost 30% of the Fintech companies in Peru already use Artificial Intelligence and Machine Learning within their solutions.
• One out of every three Fintechs is foreign. The report highlights global influence in the Peruvian market, especially in segments like Payments & Remittances.
• Nearly 6 out of every 10 B2C Fintechs target their services and products toward underbanked or unbanked segments.

Lima, December 7, 2023 – Finnovista, the leading innovation and venture capital firm committed to the development of the Fintech ecosystem and the transformation of finance in Latin America, in collaboration with Visa, the global leader in payments, has revealed the latest data from the Finnovista Fintech Radar Peru 2023 report. The study highlights the most recent trends in the growing Peruvian Fintech ecosystem.